That said, all of the gym franchises on this list (and those that arent on this list) allow curious investors to request more information for free. Work from home or office, no employees necessary, no overhead or inventory requirements and you make your own hours. In addition to standard gym fare, Anytime Fitness locations offer a range of classes and services, like yoga, spin, cardio, Zumba, and personal training. Mom-oriented perks include free childcare, healthy food recipes, and personal fitness consultations. Golds Gym is one of the few legacy gyms on this list. Founded in 2010 and franchising since 2013, the number of locations currently stands at 28 (down from the previous total of 38), of which three are company-owned and all are located in the US. New franchise owners can also expect to participate in a comprehensive training program, as the franchise requires their franchisees to be certified barre instructors. Learn more now! Another factor to owner's salary potential is based on the number of locations you purchase. That said, franchisees are responsible for additional costs, including a monthly continuing franchise fee (CFF) of either 20% of gross revenue or at least $250 per month. When you invest in your own homecare business, youre investing in a better community. Pure Barre offers instructor-led classes for total body workouts using a ballet barre to perform small, isometric movements that burn fat and sculpt muscles into long, lean physiques. To buy a franchise with World Gym, you'll need to have at least liquid capital of $0. The franchise has since modernized their routines and worked Pilates, yoga, hip hop, kickboxing, and strength training into their classes, which they claim can burn up to 800 calories in one hour. Learn more today! As a FranServe franchisee, earn money helping people buy a franchise. One of the appeals of gyms is the diverse range of activities, which are good for consumers who are looking for more interesting ways to sweat, such as spinning, kickboxing, trampoline jumping, and many more. Get In Shape for Women takes a unique approach to helping women lose weight and achieve a healthier lifestyle by limiting its workout groups to just four people, since their method depends on individual attention from a personal trainer but with the accountability that comes from a group model. And with an incredibly low initial franchise fee and upfront investment, Jazzercise is one of the best low-cost franchises youll find, especially within the health and fitness industry. The circuit consists of 13 different stations, and customers spend two minutes at each station to utilize boxing, kickboxing, general self-defense, and core stability training exercises to get their hearts pumping and calories burning. Each customer works with a flexologist to achieve the level of flexibility thats right for them. Unlock this franchise to find out more. For an explanation of territory rights, unlock this franchise opportunity for more details. But that recovery may well have hit its limits. Can you Afford an World Gym Franchise. As with any new investment opportunity, there needs to be a solid ROI and net profit potential. Committed to every franchisees success, World Gym provides you access to its experienced management team to provide the upfront and ongoing operational support, guidance and troubleshooting you need to be a successful franchisee. Crunchs fees are on the lower end of the scale: Royalty fees are 5% of monthly gross sales, and advertising fees are 2% of monthly gross sales. It will cost anywhere from $153,980 to $529,899 to open a Snap Fitness, which varies depending on location and gym size. Yes, I have $50K available in my 401K/IRA and would like to learn how to use these funds to buy a business with the help of Guidant Financial Group. Franchise Grade is dedicated to providing advisory services that can help you make confident franchise investment decisions. The franchise also requires that candidates have at least $100,000 in combined liquid assets and a total net worth of at least $250,000. Founded in 2004 and franchising since 2006, the number of locations currently stands at 76 (up from the previous total of 68), of which none are company-owned and 59 are located outside the US (mostly in Canada, where the company was started). This is a service offered to those seeking to purchase a franchise or business using their retirement funds without having to pay the taxes and penalties. World Gym pricing varies quite a bit from one part of the country to the next. No specific service background is necessary as you will have a team of service professionals in your team that will complete the work. Over 10% of franchised gym businesses shut in a single year as revenues fell by an estimated 13.2%. If you buy multiple units (typically referred to as Area Development Agreements), you can anticipate that as you open the next unit, you will earn a multiple on your profits. Founded in: 1976 Franchising since: 1982 Franchise units: 200+ Initial investment: $762,200 - $3,212,500 Royalty Fees: $1K/mo. Please complete your current requests to continue. *These costs are found in our Franchise Disclosure Document - Item 7. According to the company website, UFC Gym is "the first major brand extension of the Ultimate Fighting Championship," and it offers "a full range of group fitness classes, private MMA training . The franchise system is required to disclose what conditions any of the initial fees are refundable. The middle-aged crowd is too busy to be working out all the time, so twice a week sounds ideal. Many find the workout to be a major stress reliever as well. World Gym offers custom layouts to accommodate the perfect location for your new business. Initial franchise terms are 10 years. Keeping up a constant flow of new wow workouts isnt easy, but Crunch manages to keep it going. Own a Business with a Mission That Matters and achieve your goal of business ownership today. This type of financial data is not always helpful to assess profitability for you directly. Work with an experienced team who supports you at every stage and has your success and profitability first and foremost in mind. With World Gym, you can own a powerful and dynamic brand at the forefront of today's fitness industry. Learn more about the costs, benefits, and available locations today! Estimated total initial investment: $198,650 to $446,250. In franchising, location is everything, and we've got you and your fitness community covered. Founded in 2008 and franchising since 2009, the number of locations has increased to the current total of 183 (down from the previous total of 187), of which two are company-owned and eight are located outside the US. CycleBar is 3x larger than our next competitor & is leading the thriving indoor-cycling industry. As of 2015, Gold's Gym has 273 US locations, 285 international locations and . With our low start up fees and minimal operating costs, there is no other sports franchise that can even come close. As an Orangetheory franchisee, youll be responsible for a monthly royalty fee of 8% of gross sales. About Power World Gym. Thanks to that near-legendary status in the fitness world, and their loyal customers. Each type of exercise has its own dedicated area in the studio and customers spend 20 minutes in each area during a standard 60-minute workout based on HIIT principles. The franchise also requires that candidates have at least $100,000 in combined liquid assets and a total net worth of at least $250,000. Industries: Fitness, Gym. Receive a personalized report of exciting new franchise opportunities to your inbox each week. As expected, typically earnings and owner's income are correspond to the overall size of the initial investment. So how do we make money? Gyms are a core part of American culture, and will be around in the long term. Orangetheory claims to be one of the fastest-growing franchises in the world, and theyre ranked 60th in Inc. Magazines Fastest Growing Private Companies List. Boomers and young people are the main demographics driving growth, so tapping into these groups can be valuable for a new business, but different generations prefer different sorts of exercise, so have to be catered to in different ways. They also take a fun, irreverent, quirky, and motivating approach to marketing (ever see the mustache commercial? Kick off your search with this list of nine of the most promising gym franchises to buy. Learn more now! Learn more below. A Global Brand - Gain a competitive advantage with the marketing power and recognition of a global brand, while still maintaining the feeling of an authentic hometown gym. Fitness franchises offer an array of concepts and a full range of initial investment requirements, from very little (under $10,000) all the way up to high-end options that will cost more than $5 million to launch. Certain states also require franchisors to register their franchise opportunity and file their Franchise Disclosure Document (FDD) with state examiners prior to selling franchise opportunities to people living in that state. There isnt a one-size-fits-all model to high quality home care, thats why we think creatively about how to optimize every experience. There is a fitness franchise available to fit nearly any budget. The market for gyms and fitness clubs has seen impressive growth over the past twenty years. Power World Gym es un gimnasio creado hace ms de 30 aos. With over 250 locations open, CycleBar is the largest indoor cycling brand & offers a variety of inspiring low-impact workouts, which are inclusive of all fitness levels. The you've inquired to will contact you shortly. Try out one of our Powerhouse Gym fitness centers before joining. Some customers never returned to gyms, and others will more easily be persuaded to give them up as finances become tight. What makes us different? Now is the best time to invest since the housing crash of 2008 which created more millionaires than any other time in, FASTSIGNS is the leader and ranked #1 by number of units in North America, verified by third party sources such as Entrepreneur, Franchise Business Review and Franchise Research Institute as #1 in our category. Based on the data collected this franchise is growing into new markets and might be available in your city. Ideally, we are seeking candidates with some business experience, a focus on sales and marketing and a willingness to work with our proven systems. Unique Benefits: Special rules apply at Planet Fitness locations to make "regular" people feel welcome. As a franchisee, you'll receive customizable national marketing content and corporate assistance with local advertising. General admission to just one club can start as low as $20 per month and go as high as $59.95 in some locations. Total Investment $461,000 - $2,070,000 Cash Required $400,000 Business Type Franchise Target Market See List Home 7 (Tues.), 4 p.m. EST, Register Now to Get Free Access to Recordings of Both Webinars. SPENGA is a combination fitness approach that combines spinning, strength, and yoga exercises into what it thinks is the best workout ever. Required fields are marked *, Previous post: 55 Substantial Fees Every Moe's Southwest Grill Franchisee Needs to Know About, Next post: FDD Talk 2017: What You Need to Know About the Moe's Southwest Grill Franchise Opportunity (Financial Performance Analysis, Costs and Fees), Is Franchising a Path for You? Now, youd be hard-pressed to find a gym franchise that doesnt offer some form of barre class, but owning a Pure Barre franchise takes you straight to the source. By pressing "Submit Request", you agree that Franchise Gator and businesses you selected may call/text/email you at the number you provided above, including for marketing purposes related to your inquiry. One of our franchise experts will have detailed knowledge about this franchise. How to Find, Vet and FUND a Good Franchise (Webinar), Buying a Franchise on Your Own Can Be Overwhelming, Over 10% of franchised gym businesses shut in a single year, resulting in annualized growth of 4% from 2017 to 2022, pay $10-$50 more for a gym closer to home, How to Find, Vet & FUND a Good Franchise. Units as of 2021: 2,174 (+35.2% in the last 3 years) Planet Fitness got its start in 1992 when Michael . Invest in a World Gym Franchise and profit from a subscription-based revenue model with multiple revenue streams, backed by proven systems and A-to-Z franchisee support. GLOBAL CAMARADERIE! The demand for healthy food choices is exploding. Annual World Gym International Convention. Professional. Orangetheory claims to be one of the fastest-growing franchises in the world, and theyre ranked 60th in Inc. Magazines Fastest Growing Private Companies List. World Gym International is an American fitness center which also offer products for workout gear such as sports bags, water bottles, nutrition products, accessories, gym clothing and apparel. But with an economic downturn looming, can these businesses sustain a healthy level of growth? In addition to offering their signature classes, Pure Barre studios also generate revenue through teacher training and selling premium workout clothes. The 1Heart franchise opportunity is the vehicle that can help drive the success of your senior care journey. Initial franchise fee: $1,250 Estimated total initial investment: $2,405 to $3,200 Gym franchises don't get much more classic than Jazzercise, the high-intensity, dance-cardio. We are driven to help entrepreneurial goals become a reality and we've expanded to over 220 locations worldwide. Learn more about how to help others while earning a great living! In almost all instances the filing is simply a notice with the state. Upgrade Labs uses innovative technology-based machines that Upgrade the biology of the body with Restorative and Performance based services. If youre thinking about becoming a 4Ever Young franchisee, theres never been a better time. The initial contract length is 10 years, and the renewal term is 10 years. We have streamlined nearly every aspect of our business model and operations to maximize your time, energy and profits! With that accessible attitude in mind, Planet Fitness tries particularly to target the 80% of the American and Canadian population who dont have gym memberships. The average membership lasts just under five years, meaning that gyms have to be bringing in 20% of new members every year just to keep steady numbers. Learn more now! We love working out, changing lives and empowering our members to live life fit and strong. Now you can be part of this international sensation. With more than 150+ studios open across the globe, YogaSix is the largest franchised yoga brand worldwide. Dedicated. This article originally appeared on JustBusiness, a subsidiary of NerdWallet. The estimated investment level for a 20k sq ft facility ranges from $1,483,000 - $3,602,000 with an initial franchise fee of $40,000. Check out this franchise opportunity to better understand the specific costs required to buy an World Gym, such as franchise fees, real estate costs, pre-opening advertising, and equipment purchases. Review our cookies information for more details. Now YOU have a chance to do the, Why Medical/Dental Billing is the business for you No Experience Needed! Royalty fees are 7% of the total gross monthly and annual membership fees, and advertising fees vary. Are you considering owning your own business or franchise and not sure where to start? The initial purchase price of any franchised business includes several fees. Serious Inquiries Only: We are only accepting individuals who have at least $20,000 cash to invest (please note - we do not provide loans or grants) and are ready to get, Anyone can own a mobile Locksmith empire. Our partners cannot pay us to guarantee favorable reviews of their products or services. Imagine building a thriving business while doing work that you love, with people you love. Initial franchise fee: $32,000 to $40,000, Estimated total initial investment: $2.2 million to $5 million. They usually see significant growth in January, thanks to New Years resolutions, but there are also key moments when membership drops in May, July, and the fourth quarter. *. They also offer financing via 3rd party as well as a discount for veterans (Offer varies). Franchises make up a significant part of the fitness center market, with 10,400 clubs. Oasis Senior Advisors offers seniors and their families valuable resources to help them navigate the senior living options that are the best fit for their lifestyle, budget, and medical needs. For example, women generally prefer group exercises, while men prefer self-reliant equipment work. Learn, Are you tired of the 9-to-5 grind? Jazzercise is the kind of fitness franchise that has been around long enough that you might think it must be woefully out of date, but youd be wrong. Lets get started. Boost Home Healthcare is focused on providing clinical excellence and compassion, one patient at a time. We do not share your phone number with anyone other than the specific businesses you are interested in learning more about. As society recovered, customers were keen to return, and some gyms saw waiting lists for popular classes and exercise slots again. The retailer sits prominently in the $50 billion (and growing!) As a prospective franchisee, you will soon discover that World Gym is much more than just a gym franchise; its a way of life. This is driven in large part by long-term health concerns. Founded in 2013 and franchising since 2014, the number of locations currently stands at just two (there were six back in 2016), both in Denver, Colorado. Founded in 2012 and franchising since 2015, the number of locations has quickly vaulted to the current total of 319 (up from the previous total of 289), of which nine are company-owned and all are located in the US. With powerful benefits and support from all sides, you and your members can achieve the happy and healthy lifestyles you're after. What Does a Golds Gym Franchise Cost? The chains signature Power Hour workout uses boxing basics to achieve both fitness and confidence. Were always just a phone call, email, text or tweet away. The Exercise Coach was started by Brian Cygan when he realized that people could achieve their goals with brief, focused exercise for fitness and fat loss. We have experience in the senior care business and have fine-tuned every aspect our placement agency operation. Christine Aebischer is an assistant assigning editor on the small-business team at NerdWallet who has covered business and personal finance for nearly a decade. Along with Pure Barre, The Bar Method is one of the best-known barre studios in the country. Founded in 2015 and franchising since 2017, the number of locations has quickly shot up to 208 (up from the previous total of 122), of which none are company-owned and five are located outside the US. This document includes information about the franchises financial standing, capital requirements, franchisee training, and ongoing franchise fees, among other crucial information. Capitalize on this demand and open your own business!! Royalty Fee: 5.0%. This site uses cookies. Even following the COVID-19 pandemic, franchised fitness facilities are doing healthy business and employing over 155,000 people. The average Fitness and Gym franchise began franchising in 2012. World Gym Business Cost, Fees & Facts for 2023. Do you dream of owning your own business but do not want to make beginner mistakes while you figure it out? The chains signature workout offering that gets rave reviews is MYFIT, an 18-minute daily HIIT (high-intensity interval training) workout led by an on-screen instructor and based on foundational functional movements and planes of motion. With that in mind, Planet Fitness franchisees will need to pay for that international brand recognitionopening a Planet Fitness franchise may cost over $4 million. This includes 19 hours of classroom training, 11 hours of on-the-job training, and 0 hours of online training. Yoga lovers who want more of a fitness workout than theyll ever get at most yoga centers are sure to love the Y6 approach. All Star Medical and Home Accessibility is a retail storefront and showroom that provides an impressive variety of options to maintain everyday accessibility for our customers and their loved ones. *Please contact "World Gym" to confirm the accuracy of any information provided on this page. Initial franchise terms are 10 years. Reach your goals with workouts designed by World Gym trainers from around the globe, or train with Gunnar Peterson, LES MILLS or SoulBody Fitness. Ranked in Entrepreneur Magazines Fastest-Growing Franchises and Top New Franchises, YogaSix is offering a fresh perspective on one of the worlds oldest fitness practices, with a widespread and dedicated following - be the first to bring YogaSixs truly unique and modern approach to Yoga to your local market! has opened over 4,000 locations on all seven continents. The initial purchase price of any franchised business includes several fees. JOIN THE PREMIER HOME HEALTH FRANCHISE IN A $300 BILLION INDUSTRY! Currently, the Planet Fitness franchise has 1,800+ open locations across all 50 states, along with Canada, Latin America, and Australia. Founded in 1999 and franchising since 2005, the number of locations has climbed steadily to the current total of 181 (up from the previous total of 171), of which none are company-owned and three are located outside the US. ComForCare has developed unique, proactive and engaging programs, and has aligned ourselves with experts from the Alzheimers Foundation so we can empower all clients to Live Their Best Life Possible. To buy a franchise with Golds Gym, you'll need to have at least liquid capital of $1,000,000. Gyms that provide this content can access a larger consumer base and possibly keep more of their customers during an economic downturn. Estimated total initial investment: $1 million to $4.1 million. Headquarters: Los Angeles, California. The focus is on bodyweight exercises performed vertically that combine strength, cardio, and flexibility training in 40-minute group sessions, along with floor exercises and resistance bands. So why choose us over the other guys? CarePatrol was awarded 27 new franchise agreements in 2021, reaching systemwide revenue growth of nearly 50%. ), and that attitude trickles down into their culturethey genuinely want people to have fun while they work out. 24 Hour Fitness - $1.51 billion. Pure Barre has over 500 open locations across North America with tons of available studio markets in the U.S. That way, participants can both track their own progress, and see how it stacks up to other people in the classso if you thrive on competition, this is the gym franchise for you. Founded in 2009 by Michael Parrella and franchising since 2012, the number of locations has fallen dramatically from a high of 264 in 2018 to the current total of 91 (down from the previously reported total of 94), of which none are company-owned and 11 are located outside the US. Since 1989, Bruster's has become one of the country's favorite frozen treat chains. Did you know there are over 3,000 franchise opportunities across the United States. Even though its smaller than Pure Barre. Their workouts fuse fitness and entertainment in order to make serious exercise fun. Learn more about the Your CBD Store franchise today. 64 million Americans had memberships for fitness centers or health clubs in 2019, nearly twice as many as in the year 2000. Anytimes claim to fame is how members get 24/7 access to any of its 4,000+ locations around the world. And it claims people can get visible, substantial results with just 20 minutes of daily exercise at least as long as its an intense workout using their full range of state-of-the-art equipment supplied by Matrix Fitness. Serving groups of all ages, this opportunity provides a diversified mix of . An iFlex Stretch Studio Franchise, is the business for you. They offer certain financing options within Item 10 of their FDD. The POWER program uses weights to build next-level strength. SYNERGY HomeCare offers a robust business opportunity for compassionate entrepreneurs. has over 1,100 studios in 49 U.S. states and 22 countries internationally (they started in 2010, for some context about just how quickly theyre growing). With more than 250 licensed locations in North America and studios opening across the nation every month, Rumble Boxing is a celebrity-backed boxing-inspired fitness concept with a large, devoted following. A Home Helpers Home Care franchise is a low-cost, home-based, and recession-resilient business providing quality care for others while giving you the lifestyle youve always wanted. Each group attends one-hour training sessions three times per week. StretchLab is a unique concept that delivers highly-customized stretching routines to customers with the assistance of certified Flexologists who have been through 60-70 hours of theory and hands-on training. Some gyms have turned this change into an opportunity. By carefully researching the demographics of the area youre moving into, and what those demographics mean for a gym, you can tailor your business to your community from the start, increasing both uptake and retention.

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